The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Delorean Power to build 5MW/22MWh energy storage project in Massachusetts

LinkedIn
Twitter
Reddit
Facebook
Email

US battery developer Delorean Power and the Holden Municipal Light Department (HMLD), a utility in the US state of Massachusetts, have unveiled a new battery storage project in the town of Holden.

The facility will have an output of 5MW and a storage capacity of 22MWh, and the developers expect to finish construction at the project next year, and commission the facility in October 2024. Delorean received approval for the project from the Massachusetts Municipal Wholesale Electric Company (MMWEC), a public utility that manages the state’s energy grid, and the facility will be the first developed by the company under the oversight of the MMWEC.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“With this project, HMLD is leading the way in environmental stewardship in a fiscally responsible manner,” said HMLD general manage Barry Tupper. “Delorean Power, MMWEC and HMLD staff have spent countless hours working on this agreement and we at HMLD are looking forward to October 2024 when the battery storage will be operational.”

While the developers did not announce technical specifications of the new project, both are optimistic about its potential to help realise their long-term decarbonisation goals. HMLD plans to add the new storage system to what it calls its “newly rebuilt” Chaffins substation in the town of Holden, and the company’s portfolio of power generation facilities, of which 60% are what it calls “non-carbon emitting”, could stand to benefit from a greater storage capacity to overcome the variance inherent to many forms of renewable power generation.

The news is a positive development for Delorean in particular, which received US$20 million in funding from financier Greenbacker Capital Management last year, and the Massachusetts storage sector more broadly. In 2018, the state government obligated power projects with a capacity of more than 500kW to be paired with energy storage, and legislation such as this has encouraged the sustained growth of the state’s sector, which had the fourth most storage capacity in the US in October 2022.

Energy storage is growing in the state partially thanks to the Clean Peak Standard, which remunerates technologies which can provide power during peak demand periods. Developer Bluewave, mainly known for community solar, is one of those launching large-scale projects in the state, which it discussed with Energy-Storage.news in an interview earlier this year, said the Standard is an important part of the business case for storage in Massachusetts.

Read Next

May 7, 2024
Storage developer and operator Lightshift Energy will deploy numerous distributed BESS projects totalling 50MW for various utilities via the Massachusetts Municipal Wholesale Electric Company (MMWEC).
May 2, 2024
Battery energy storage system (BESS) developer-operator Plus Power has received a US$82 million tax equity investment from bank Morgan Stanley for an Arizona project.
April 24, 2024
The New York City Industrial Development Agency (NYCIDA) has approved five BESS projects while governor Kathy Hochul has announced groundbreaking on a sixth, all in all totalling around 42.5MW of capacity.
April 22, 2024
Dutch developer Giga Storage has received a permit for construction for its 600MW/2,400MWh BESS project in neighbouring Belgium and will choose the BESS technology provider after summer.
April 17, 2024
Renewable energy developer-operator Arevon has entered into a long-term offtake agreement for a 250MW/1,000MWh battery energy storage system (BESS) in California with community choice aggregator (CCA) MCE.

Most Popular

Email Newsletter